|
RAPAPORT... The board of directors for the Diamond Bourse of Canada unanimously voted to nominate Deepak Kumar, from Deepak International Ltd. to the post of bourse director. Kumar will assume a director’s post vacated by Filip Zimmerman, of Zimmy Diamonds. Kumar’s diamond company recently concluded its purchase of two diamond manufacturing facilities in Yellowknife, Canada and the government of the Northwest Territories granted the company exclusive rights to manufacture their iconic Canadian diamond brand “Polar Bear.” Kumar has been an active member of the Diamond Bourse of Canada for the past two years and has become a substantial asset to the bourse and its members, according to the board. ''We at the bourse believe that Mr. Kumar’s new manufacturing facilities will help to invigorate Canada's diamond landscape, enhance its existing diamond value chain, and help to secure Canada's role and position within the international diamond trade. To that end, we truly believe that Mr. Kumar’s contacts, industry know-how and experience will quickly become an important asset to the Diamond Bourse of Canada, and bring a unique form of value to our members,'' the board stated.
|